by Patrick M. Kelly | Oct 14, 2013 | Financial Advisors, Technology
“With advisors’ business models constantly evolving, the pressure on independent broker-dealers to continually enhance their technology platforms has never been more intense. From portfolio management to client relationships, advisors are demanding that competitive...
by Patrick M. Kelly | Oct 4, 2013 | CFP Board of Standards
“In the wake of controversies involving some advisors use of the term “fee-only,” the CFP Board of Standards has temporarily removed the designation from its Web site.” According to fa-mag.com reporter Karen Demasters, “The CFP Board maintains a Web site to help...
by Patrick M. Kelly | Oct 1, 2013 | Raymond James
Raymond James is looking to deliver on their objective of establishing a number of new RJA offices in the western part of the country. They currently have 10 offices in California and recently hired a former Morgan Stanley manager, David Wright, to open its first...
by Patrick M. Kelly | Sep 27, 2013 | Financial Advisors, Financial Services Industry, FINRA
The proposal, passed by FINRA on September 19, would require brokers to tell clients of any recruitment compensation they receive in connection with the switch, including bonuses, loans and transition assistance. Customers will be told what the broker received in...
by Patrick M. Kelly | Sep 24, 2013 | Financial Advisor Job Recruits, Financial Services Industry, Job Market
“Financial services firms have to start recruiting the half-million college students who may be interested in becoming advisors, or risk having demand for financial advice outstrip supply within 10 years, according to a recent study, Regeneration: How Gen Y Could...
